EUR/USD: 20-day volatility 0.243% daily (4th pct)

On 2026-07-27, EUR/USD closed at 1.1395, up 0.16% on the day. It trades at 10.0% of its 52-week range. Its RSI(14) of 42.81 is in the 28th percentile of its history since 2003, and its 20-day return of +0.08% in the 52nd percentile. Leveraged-money positioning is net -7.1% of open interest, in the 5th percentile of its own two-year range. It is trading below its 20-, 50- and 200-day moving averages. Its 20/50/200-day moving averages are 1.14168 / 1.15001 / 1.16346, with price -0.19% / -0.91% / -2.06% against them. Its 52-week range is 1.13254–1.20236; it closed 5.23% below the high and 0.61% above the low. Its 20-day volatility is 0.243% daily, in the 4th percentile of its history since 2003. Its 14-day average true range (ATR) is 0.00543 (54.3 pips), 0.48% of price. It has returned -0.29% over 5 days and -2.83% over 60 days.

=== EUR/USD  (pip 0.0001) ===
  >> close 1.13950  +0.160%   · 20d vol 0.243% daily (4th pct, since 2003 (5844 obs))
  price & change   (as of 2026-07-27, prior 2026-07-24)
    close       1.13950
    change      +0.00182  (+0.160%, +18.2 pips)
    gap         +0.00210  (+21.0 pips)  (cross-session move on continuous FX; not a feed gap)
  range            (as of 2026-07-27)
    range       0.00481  (48.1 pips)
    close pos   52.0% of range
  moving averages  (as of 2026-07-27)
     20d MA     1.14168   price below by -0.19%
     50d MA     1.15001   price below by -0.91%
    200d MA     1.16346   price below by -2.06%
    price < all MAs
    stack: 200d > 50d > 20d
  volatility       (as of 2026-07-27)
    20d stdev   0.243% daily ≈ 3.9% annualized (×√252)   (4th pct of own history, since 2003 (5844 obs))
    vs easing-2024 avg  0.57× (0.243% vs 0.430% era avg)
  ATR              (as of 2026-07-27)
    ATR(14)    0.00543  (54.3 pips)
    ATR%        0.48%   (4th pct of own history, since 2003 (5850 obs))
    range/ATR   88.6%
  52-week range    (as of 2026-07-27)
    high        1.20236   (-5.23% from high)
    low         1.13254   (+0.61% from low)
  momentum         (as of 2026-07-27)
    RSI(14)     42.81   (28th pct of own history, since 2003 (5850 obs))
  returns          (as of 2026-07-27)
     5d return  -0.29%
    20d return  +0.08%
    60d return  -2.83%
  volatility by rate-era
    pre-crisis       1.0543%   (from 2003-12-01)
    ZIRP-2009        0.6640%
    tightening-2015  0.4886%
    ZIRP-2019        0.3870%
    tightening-2022  0.5496%
    easing-2024      0.4297%
  positioning      (as of 2026-07-21)
    next COT     as of 2026-07-28 (released ~that Fri, later if a holiday intervenes)
    net         -56,671 contracts (net short EUR)
    net % OI    -7.1%
    net%OI range -7.8% … +6.5% (own 134w)
    w/w change  -2,980
  rate differential (EUR–USD policy)
    EUR (ECB_DFR)         2.25%  (set 2026-06-17, deposit-facility floor)
    next ECB              2026-09-10  (45 days)
    USD (EFFR)            3.63%  (as of 2026-07-24, daily effective)
    next Fed              2026-07-29  (2 days)
    differential    -1.38%  (base−quote)
  10Y yield spread (US–EU)
    US (DGS10)      4.69%  (as of 2026-07-24)
    EU (euro-area AAA 10Y) 3.21%  (as of 2026-07-24)
    spread          +1.48%
  2Y yield spread (US–EU)
    US (DGS2)       4.33%  (as of 2026-07-24)
    EU (euro-area AAA 2Y) 2.77%  (as of 2026-07-24)
    spread          +1.56%
  cross-asset corr (26w weekly returns; async daily closes cap the magnitude)  (as of 2026-07-27)
    vs DXY      -0.80
    vs S&P 500  +0.47
    vs DXY beta -0.74 (26w)